Interesting read about how private aviation companies like NetJets and FlexJet will come out stronger after COVID. There will be more wealthy people choosing to fly private over commercial due to fear of being in a confined space with strangers.

Interesting read about how private aviation companies like NetJets and FlexJet will come out stronger after COVID. There will be more wealthy people choosing to fly private over commercial due to fear of being in a confined space with strangers.

Some companies have already existing rules for decades that CEO's, other top executives have to travel by company owned or leased jets for security reasons, even for family/personal travel. There could be a slight bump up as restrictions are relaxed, but international travel will be very restrictive for well into 2021 and the public and shareholder's view of executives traveling by company/private jet will be very much watched, especially companies that laid off 100 or 1000's of workers or had some die from contacting Covid-19 at their workplaces.

Some companies have already existing rules for decades that CEO's, other top executives have to travel by company owned or leased jets for security reasons, even for family/personal travel. There could be a slight bump up as restrictions are relaxed, but international travel will be very restrictive for well into 2021 and the public and shareholder's view of executives traveling by company/private jet will be very much watched, especially companies that laid off 100 or 1000's of workers or had some die from contacting Covid-19 at their workplaces.

Lmfao so a ceo passes a rule saying the company has to buy him a private jet for serviront reasons. Ok bud.

Some companies have already existing rules for decades that CEO's, other top executives have to travel by company owned or leased jets for security reasons, even for family/personal travel. There could be a slight bump up as restrictions are relaxed, but international travel will be very restrictive for well into 2021 and the public and shareholder's view of executives traveling by company/private jet will be very much watched, especially companies that laid off 100 or 1000's of workers or had some die from contacting Covid-19 at their workplaces.

Lmfao so a ceo passes a rule saying the company has to buy him a private jet for serviront reasons. Ok bud.

It’s the Board of Directors and it’s a lot more common than you’d think.

Look at sweatpants guy. This is a 90 million dollar aircraft, not a Tallahassee strip club

Some companies have already existing rules for decades that CEO's, other top executives have to travel by company owned or leased jets for security reasons, even for family/personal travel. There could be a slight bump up as restrictions are relaxed, but international travel will be very restrictive for well into 2021 and the public and shareholder's view of executives traveling by company/private jet will be very much watched, especially companies that laid off 100 or 1000's of workers or had some die from contacting Covid-19 at their workplaces.

Lmfao so a ceo passes a rule saying the company has to buy him a private jet for serviront reasons. Ok bud.

It’s the Board of Directors and it’s a lot more common than you’d think.

Yah it’s just rich people paying themselves more instead of paying their employees

The predictions from a lot of experts is that at least domestically traffic will go back to normal by the end of Summer. In the case of my work we only slowed down for about 2 weeks and now we seem to have forward bookings for June and July plus May has been close to normal. I have seen now a lot of new flyers that can afford flying private but never considered it before Covid 19. Just my 2 cents.

Some companies have already existing rules for decades that CEO's, other top executives have to travel by company owned or leased jets for security reasons, even for family/personal travel. There could be a slight bump up as restrictions are relaxed, but international travel will be very restrictive for well into 2021 and the public and shareholder's view of executives traveling by company/private jet will be very much watched, especially companies that laid off 100 or 1000's of workers or had some die from contacting Covid-19 at their workplaces.

Lmfao so a ceo passes a rule saying the company has to buy him a private jet for serviront reasons. Ok bud.

It’s the Board of Directors and it’s a lot more common than you’d think.

True dat and the IRS questions them most of them. Personal travel is charged to the company officer, often a touchy subject and it’s audited.

But, a lot of the private jet business has gone to HNWIs who don’t answer to a BOD. Many have created departments that become profit centers. A very HNWI individual, not yet 30, just took delivery on a new jet. The likes of Bezos, Gates, Jobs own their planes, not Amazon, MS or Apple.

The predictions from a lot of experts is that at least domestically traffic will go back to normal by the end of Summer. In the case of my work we only slowed down for about 2 weeks and now we seem to have forward bookings for June and July plus May has been close to normal. I have seen now a lot of new flyers that can afford flying private but never considered it before Covid 19. Just my 2 cents.

Every 135 in my area is flying every hour they can, and turning away bookings. Just too much liability right now to allow a critical employee to fly cattle class.

Lmfao so a ceo passes a rule saying the company has to buy him a private jet for serviront reasons. Ok bud.

It’s the Board of Directors and it’s a lot more common than you’d think.

True dat and the IRS questions them most of them. Personal travel is charged to the company officer, often a touchy subject and it’s audited.

But, a lot of the private jet business has gone to HNWIs who don’t answer to a BOD. Many have created departments that become profit centers. A very HNWI individual, not yet 30, just took delivery on a new jet. The likes of Bezos, Gates, Jobs own their planes, not Amazon, MS or Apple.

Bingo...And they are reimbursed expenses by the company. Also, many of these planes are Financially formed as an aircraft LLC, and leased to jet management firms for use by other people, when not needed by the owner. Crew payroll and maintenance are done by the leasing 135, who also collects a management fee from the owner. HIS jet is available anytime he wants it, with crew.

From my cursory viewing being around Part 135 operations all day, I have never seen them busier than right now. One Part 135 charter Lear at my local airport has flown 4 legs a day for the past 2 weeks while Pre COVID it was lucky to fly 4 legs a week.

Covid has actually provided a valid reason to separate high-level company officers outside of convenience and time savings.

I’ve looked at a jet card with Flexjet and EJA. Haven’t pulled the trigger, but it’s on the table. Before it was a nonstarter.

Jetcards are a waste of money, you are better buying empty legs when you need it instead of putting money aside for a Jetcard. You can even charter Flexjet aircraft without having to be a member and they are giving them away on cheap prices for charter.

I find it very hard to believe that business will increase to the degree some are predicting for us in 135. The Gulfstream I was flying has had 1 trip request since March. We used to fly weekly. On the margin, yes, we'll get a little more business from those that were on the bubble, but the VAST majority of those flying commercial up front can't afford to fly private on a regular basis. If they could they already would be, for liability reasons alone as some above have stated.

I find it very hard to believe that business will increase to the degree some are predicting for us in 135. The Gulfstream I was flying has had 1 trip request since March. We used to fly weekly. On the margin, yes, we'll get a little more business from those that were on the bubble, but the VAST majority of those flying commercial up front can't afford to fly private on a regular basis. If they could they already would be, for liability reasons alone as some above have stated.

Maybe the management company that sells charters on your aircraft is not doing a good job. We have not stop flying on our Citation X and Hawker 1000. For example we have flown practically every day this week and have about 20 hrs scheduled on the Citation X for next week. Prices came down for a few weeks but now it has being going back to normal pre Covid 19 levels and we have forward bookings all the way until October.

I find it very hard to believe that business will increase to the degree some are predicting for us in 135. The Gulfstream I was flying has had 1 trip request since March. We used to fly weekly. On the margin, yes, we'll get a little more business from those that were on the bubble, but the VAST majority of those flying commercial up front can't afford to fly private on a regular basis. If they could they already would be, for liability reasons alone as some above have stated.

What are your typical routes on the G? If the answer is international, there’s your reason for decreased booking.

Lrockeagle14 years ago

I got $20 says AA takes their 787's with GE powerplants. Just a hunch. Any takers?

The predictions from a lot of experts is that at least domestically traffic will go back to normal by the end of Summer. In the case of my work we only slowed down for about 2 weeks and now we seem to have forward bookings for June and July plus May has been close to normal. I have seen now a lot of new flyers that can afford flying private but never considered it before Covid 19. Just my 2 cents.

The predictions from a lot of experts is that at least domestically traffic will go back to normal by the end of Summer. In the case of my work we only slowed down for about 2 weeks and now we seem to have forward bookings for June and July plus May has been close to normal. I have seen now a lot of new flyers that can afford flying private but never considered it before Covid 19. Just my 2 cents.

The predictions from a lot of experts is that at least domestically traffic will go back to normal by the end of Summer. In the case of my work we only slowed down for about 2 weeks and now we seem to have forward bookings for June and July plus May has been close to normal. I have seen now a lot of new flyers that can afford flying private but never considered it before Covid 19. Just my 2 cents.

Please post a link as I haven't seen any rational analysis predicting as fast of a recovery as you noted.

I personally predict a decline for 3 to 5 years.

If I could fly private, I would.

Lightsaber

Your articles talk about airline traffic and that’s not the same as Part 135 or Private Aviation. Also the TSA numbers do not matter as the people that fly on private jets do not pass thru a TSA checkpoint. Yes airline traffic will be slow to recover but all the executives, CEO’s and people with money will choose to fly continue to fly private plus add the new ones that never did before but now see it as a necessity for protection.